Make your fraud contingency plan a blueprint for swift action - Crawford Ellenbogen

Most businesses have dealt with multiple crises over the past year. Fraud is the last thing you need right now. But if it happens, a fraud contingency plan can provide structure for your investigation and help limit financial losses. Your response plan should focus on schemes that are the most likely and that could result in the greatest damage. Assign roles to employees and define the objectives of a potential investigation. Keep in mind that this plan is a blueprint for post-fraud incident action. It isn’t designed to prevent fraud. For that, you need solid internal controls. Contact us for more information.